China to invest $10B in Argentina's railways
(AP)

AP - Argentina and China signed a deal for Beijing to invest $10 billion in the South American nation's railways during a visit by the Argentine president but there was no sign of progress in a dispute over soy imports.

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2010-07-14T03:36:27Z
BEIJING (AP) -- Argentina and China signed a deal for Beijing to invest $10 billion in the South American nation's railways during a visit by the Argentine president but there was no sign of progress in a dispute over soy imports....

Argentina and China signed a deal for Beijing to invest $10 billion in the South American nation's railways during a visit by the Argentine president but there was no sign of progress in a dispute over soy imports.

China is looking to succeed where the United States has failed. Beijing — which, as a reminder, has claimed it will not use its regional infrastructure development initiatives as a tool of foreign policy — is now set to facilitate the construction of nearly $50 billion in power plants, roads, and railways in neighboring Pakistan.

It appears there is another nation on planet Earth that is becoming isolated. One by one, Russia and China appear to be finding allies willing to 'de-dollarize'; and the latest to join this trend is serial-defaulter Argentina.

Buenos Aires (AFP) - The fine print Argentina blames for failed negotiations with disgruntled creditors expires Thursday, theoretically clearing the way for a deal to lift the country out of default -- if the two sides want it.

NEW DELHI: Hoping to give a leg up to the Chinese investments in India, small and medium-sized enterprises (SMEs) from China are planning to invest $1 billion across various states in sectors ranging from telecommunications to electrical equipment to appliance manufacturing and machinery as part of President Xi Jinping's announcement in 2014 of investing $20 billion in India in five years.

MOSCOW: Russia and China signed a $25 billion deal to boost Chinese lending to Russian firms and a host of other accords deepening economic cooperation on Friday as Moscow's ties with the West fray over the Ukraine crisis. Russian President Vladimir Putin and Chinese leader Xi Jinping hailed their countries' improving relationship after Kremlin talks and a signing ceremony on the eve of a military parade marking the end of World War Two in Europe.